What You Need to Know About Crowdfunding

Effective this week, just about anyone in the U.S. can play the role of venture capitalist. New crowdfunding rules went into effect on Monday that allow non-accredited investors to risk up to $2,000 or 5% of their annual income or net worth (whichever is less) in a start-up company during a 12-month period. Those with…

 

Possible Changes Coming to Accredited-Investor Standard

InvestmentNew reported that the House Financial Services Committee House committee approved a measure that would expand the kind of investors who can purchase unregistered securities. The measure would expand the definition of “accredited investor.” Currently, that designation is limited to people who have $1 million in net worth, excluding the value of their house, or…